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Live streaming video app Periscope is making a couple of changes to its video broadcast app. Periscope announced today that beginning in a few weeks all videos will be saved by default, rather than expire after 24 hours. The new functionality could have significant ramifications for companies that have struggled to find ways to use the app for promotional purposes. In addition to saving videos by default, […]

With at least four months to go before the much-anticipated iPhone 7 is released, Apple fan sites are buzzing with the latest rumor that the new device might lack the innovative Smart Connector feature. Introduced last fall with the new iPad Pro, the Smart Connector enables the transfer of both power and data between two Apple devices without the need for cords or Bluetooth pairing. For example, […]

|By Arabian Post Staff| The UAE has earned the distinction of being the fastest growing market in the world for card transactions. The UAE is a clear front runner in a rapidly expanding regional payment environment as card transactions experienced an estimated 10 percent growth in 2015 compared to the previous year, amid a total 24 per cent growth in the MEA region, making it the fastest expansion rate in card transactions in […]

Taxi drivers protest against transportation network companies such as Uber and Lyft along with Assembly Bill 2293 at the State Capitol in Sacramento, California, June 25, 2014. Reuters/Max Whittaker/Files   AUSTIN, Texas On-demand ride companies Uber and Lyft suffered an embarrassing defeat in a Saturday election in Austin as voters backed a measure requiring fingerprint background checks for drivers.   The two companies spent more than $8 […]

A wearable technology developed by researchers at Carnegie Mellon University may one day make touchscreens for smart watches unnecessary as users could issue commands to their devices simply by touching their own arms. The new technology would essentially transform a user’s entire lower arm into a touchpad, capable of receiving commands traced on the skin. The system, called SkinTrack, was developed by Carnegie Mellon’s Human-Computer Interaction Institute’s […]

In its ongoing effort to pursue enterprise markets, Apple announced yesterday that it is teaming up with SAP to develop iPhone and iPad apps for business users. As part of that partnership, the companies also plan to release a new software development kit (SDK) and launch a training academy to promote the building of native iOS apps for enterprises. Apple launched a similar partnership with IBM in […]

|By Matein Khalid| Habib Bank Ltd is one of the Pakistan’s oldest, biggest retail/corporate banks, privatized last year with a 51% controlling stake held by the Aga Khan Fund for Economic Development. Its recent price fall from 240 to 172 rupees (PKR, not INR!) is a compelling opportunity to own an undervalued, well managed proxy for consumption and credit offtake in a 190 million population country now […]

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|By Rashidul Bari | Meet Soborno Isaac Bari, known as “4-Year-Old Einstein,” who has a very strange dream: He wants to get into Harvard at the age of 10, via the SAT. Of course, the SAT can’t determine whether he’s truly ready for college-level courses, but not many 4-year-olds can solve chemistry problems. His knowledge of the periodic table has impressed several academic institutions, including City University of New […]

A cushy government job, cheap fuel, a mortgage-free home and a bit of five-star travel and luxury shopping were never too much to expect in the Gulf. Yet what previously was taken for granted in the oil-rich region is being replaced by something more familiar to the western world: spending cuts, taxation, a scarcity of jobs and even strikes. There’s discontentment among young populations rarely seen before […]

|By Arabian Post Staff| As the local economy continues to adjust to softening global conditions, overall residential values and rents in Dubai are set for a further decline throughout 2016, according to leading  real estate consultancy Cluttons. Cluttons’ Dubai Spring 2016 Residential Property Market Outlook shows that after falling by an average of 3.1% during 2015, residential values fell by an additional 2.2% during the first quarter of […]

|By Matein Khalid| After five years of pathetic under-performance, emerging markets are easily the asset class to own in 2016, as Europe is hit by a resurgent Euro/Italian banking woes and Japan by institutional gaijin selling and a stronger yen. A dovish Janet Yellen has talked down the US dollar and deferred the timing of FOMC interest rate hikes. The Chinese Politburo and People’s Bank have managed to […]

An Apple iphone 6 with Apple Pay is shown in this photo illustration in Encinitas , California June 3, 2015. Reuters/Mike Blake SAN FRANCISCO Apple Inc’s first-ever drop in quarterly iPhone sales has spurred Chief Executive Tim Cook to turn the spotlight on prospects for its services business, but the field is rife with competition and may prove challenging for a brand based on gadgets. Second-quarter earnings […]

A man is seen near cyber code and the U.S. National Security Agency logo in this photo illustration taken in Sarajevo March 11, 2015. Reuters/Dado Ruvic SAN FRANCISCO Internet traffic to Wikipedia pages summarizing knowledge about terror groups and their tools plunged nearly 30 percent after revelations of widespread Web monitoring by the U.S. National Security Agency, suggesting that concerns about government snooping are hurting the ordinary […]

Apple Inc (AAPL.O) on Tuesday posted its first-ever decline in iPhone sales and its first revenue drop in 13 years as the company credited with inventing the smartphone struggles with an increasingly saturated market. The company’s sales dropped by more than a quarter in China, its most important market after the United States, and it also forecast another disappointing quarter for global revenues. Its shares fell about […]

Technology stocks are cooling, and that could be bad news for the world’s most valuable company. Apple Inc. warned investors this week that its quarterly earnings report will contain bad news about iPhone sales. How bad? That remains to be seen. According to its January forecast, Apple’s revenue is set to drop for the first time in more than a decade as iPhone sales slow. Even though […]

Judging by the responses from users on Twitter, Dropbox’ new technology for accessing cloud-based files from the desktop will be a welcome and much-needed improvement. Unveiled today, the “Project Infinite” preview will let Dropbox users view all their cloud-stored files and folders from their devices without having to first launch a browser. “Dropbox Infinite is exactly what I’ve been looking for for several years now,” Web developer […]

By MICHAEL D. SHEAR April 25, 2016 HANOVER, Germany — The United States will significantly increase the number of military personnel, including Special Forces, in Syria to fight the Islamic State, President Obama said on Monday as he concluded a six-day trip to the Middle East, Britain and Germany. Mr. Obama, whose comments came in a speech in which he pressed for European unity, said that he would add 250 […]

UAE. End of Service Gratuity (Gratuity) is a statutory severance pay across most Middle Eastern jurisdictions and one which is conceptually analysed as akin to a retirement savings scheme or pension scheme. This article explores some of the common pitfalls and tricky issues which arise in relation to statutory Gratuity in the United Arab Emirates (UAE) under Federal Law No.8 of 1980 Regarding the Organisation of Labour […]

NASA and the U.S. Department of State were among the federal agencies that received low marks on IT security, according to a recent report card issued by the New York-based firm Security Scorecard. Also receiving low grades were the states of Connecticut, Pennsylvania and Washington. The 2016 U.S. Government Cybersecurity Report, released earlier this month, analyzed the cybersecurity vulnerabilities of some 600 local, state and federal government […]

A generic picture of a Xerox logo on a photocopier. TECOM Reuters/Catherine Benson/Files Xerox Corp reported a 4.2 percent fall in quarterly revenue, hurt by a strong dollar and lower sales of printers and copiers, sending its shares down 12 percent in morning trade. The company is focusing on its services business, which offers business process outsourcing and document outsourcing, as sales of printers and copiers, its […]

The Lexus NX is a vehicle of firsts for the luxury brand from Toyota. It was the first compact crossover from Lexus, the first with a turbocharged engine, and the first example of a more extreme design language. This new, aggressive exterior styling is now showing up on other Lexus models, like the new RX 350 F Sport we tested earlier this month. While some won’t like […]

Saudi Arabia’s plan for the post-hydrocarbon era will have to overcome habits developed over decades of relying on crude sales to fuel economic growth, create job and build infrastructure. Almost eight decades after oil was first found in the country, officials are set to unveil Deputy Crown Prince Mohammed bin Salman’s “Vision for the Kingdom of Saudi Arabia” on Monday, a blueprint seeking to reduce the reliance […]

BANGKOK After more than two years of riding high on growing demand for cloud data storage, Thailand’s hard disk drive exporters are bracing for a fall from grace. Data due later on Monday will likely show Thai exports of hard disk drives (HDDs) in March extended a run of double-digit growth after jumping 45 percent in the first two months of 2016 to $1.1 billion. The rise […]

|By Arabian Post Staff| Road sensors, cameras and traffic light systems face the risk of hacking and the data collected by these devices could be compromised with unforeseen results, endangering the security of both road users as well as city administrations. Leading cyber security company Kaspersky Lab experts have, after extensive field research, proved that the data gathered and processed by these sensors can be dramatically compromised […]

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